Prize money

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The Prize Money was the amount of money accumulated that the person who won all the games in the Squid Game would obtain. All the money is stored in a piggy bank.

Results

2020

More Prize Money getting added.

Every time someone dies, the prize money goes up by ₩100,000,000. If the games are terminated mid-game, the families of the eliminated players would get ₩100,000,000 each, with the survivors going back home empty-handed. For the 33rd Squid Game, there were a total of 456 people, and all of them died except for the one person who won and the players who did not return to the games after the vote. As the winner gets ₩100,000,000 as well, so Gi-hun received ₩45,600,000,000, not ₩45,500,000,000.

• Before the games, the prize money was ₩0.
• After Red Light, Green Light, the prize money was ₩25.5B.
• After Voting, the prize money was ₩26.9B.
• After Sugar Honeycombs, the prize money was ₩34.8B.
• After Player 271 was beaten to death, the prize money was ₩34.9B.
• After the Special Game, the prize money was ₩37.6B.
• After Tug of War, the prize money was ₩41.6B.
• After Byeong-gi died, the prize money was ₩41.7B.
• After Marbles, The prize money was ₩43.9B.
• After Player 069 committed suicide, the prize money was ₩44B.
• After Glass Stepping Stones, the prize money was ₩45.3B.
• After Kang Sae-byeok was murdered by Sang-woo, the prize money was ₩45.4B.
• After the final game, the prize money was ₩45.6B.

2024

The Prize Money in the Squid Game in 2024

Every time someone dies, the prize money goes up by ₩100,000,000. For the 2024 Squid Game, there were a total of 456 people. In this year's competition, if the majority of the players decide to end the games, they will evenly split the money amongst themselves. Additionally, any players who win all 6 games will equally split the total grand prize of ₩45.6B.

• Before the games, the prize money was ₩0.
• After Red Light, Green Light, the prize money was ₩9.1B. The prize money per player was ₩24,391,500.
• After the Six-Legged Pentathlon, the prize money was ₩20.1B. The prize money per player was ₩78,823,530.
• After Mingle, the prize money was ₩35.6B. The prize money per player was ₩356,000,000.
• After the bathroom fight, the prize money was ₩36.1B. The prize money per player was ₩380,000,000.
• After the Special Game, the prize money was around ₩37.7B. The prize money per player was around ₩477,215,000.
• After the revolt, the prize money was around ₩38.6B. The prize money per player was around ₩551,429,000.

Calculation

Based on the 2024 rules, the prize money per player is:

${\text{Prize money (billions of ₩)}}={\begin{cases}{\frac {0.1(456-n)}{n}},&{\text{if players vote to end the game}}\\{\frac {45.6}{n}},&{\text{if players win all 6 games}}\end{cases}}$

where n is the number of surviving players at any given point. The following graphs show how the prize per player increases rapidly as the number of survivors decreases. It also shows the debt levels of some major players in the 2024 Squid Game. If the players win all 6 games, the prize per player is ₩100,000,000 (₩0.1B) higher than the blue line in the graphs. (Click to open larger image)

Conversion

The total grand prize of ₩45.6B comes out to be about $33.4M U.S Dollars, or £24.7M Pounds. The prize per player of ₩100,000,000 is equivalent to $73,400 U.S Dollars, or £54,200 Pounds.